MARWAR India - November-December 2017

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Gone are the days when Marwaris were typecast as a miserly, hard-nosed business community, solely interested in moneymaking. With his unusual interest in academics and a binding passion for arts, literature and service to humanity, octogenarian Kashi Nath Memani, the man responsible for the phenomenal success of global accounting firm Ernst & Young’s India business, stands out among the many who have demolished this stereotype. We have featured the ex-country head of the illustrious accounting firm on our cover this issue, which, thanks to his leadership qualities, is now the nation’s largest.
Coming to Marwaris’ uncanny business sense and number crunching abilities, we bring you the story of entrepreneur Karan Bhagat, the man behind the skyrocketing success of IIFL Wealth Management Ltd, which now is the largest wealth management firm in the country. At 40, Bhagat has reasons to be proud with no less than 60 prestigious awards to IIFL Wealth Management’s credit.

As a magazine dedicated to portraying the various facets that define the Marwari community, MARWAR has recently published and celebrated the launch of a coffee table book titled A Tribute to Titans – The Founding Fathers of Marwari Enterprise, at a glittering ceremony held at The Trident, Mumbai, amidst over 200 distinguished guests. A collector’s issue, the title celebrates pioneering industrialists of the eighteenth and nineteenth centuries, who are seen as the founding fathers of Marwari enterprise.
With 34 completed projects to their credit and a presence in several cities, our article on brothers Chandra Prakash and Sanjay Jain of the Siddha Group makes for an interesting read. The duo has redefined affordable housing by integrating high-end design and construction excellence to build world-class homes for the middle-class.

Being The Change

Change and progress go hand in hand. Meet Chhavi Rajawat, who gave up the comforts of the city and an alluring corporate career to be the harbinger of change. MARWAR finds out more about this dedicated sarpanch and her plans and vision for her beloved village in Rajasthan and its people.

4 mins

Taking The Traditional Route

Raw Mango, the brainchild of designer Sanjay Garg was born out of a thought to relook fashion and design without any fixed notions. Born and brought up in Rajasthan, Garg found the roots for his designs in Indian philosophy and traditions, but he has always tried to break the boundaries of convention through his ideas and design.

4 mins

The Wealth Management Guru

Innovative, risk-taking and a number cruncher, Karan Bhagat epitomises the quintessential Marwari entrepreneur, whose story could very well be a case study of a successful Marwari entrepreneur. Meet the wealth management expert and founder of IIFL Wealth Management Ltd, who has scripted the firm’s skyrocketing success as its MD and CEO.

5 mins

The Man With The Midas Touch

From moneylending to corporate executive to entrepreneurism, life’s twists and bends have been a rewarding journey of self-discovery for Pankaj Bhandari of Smart Creations. MARWAR speaks to the man who mastered the art of gold plating, only to find that his true calling lay in giving a golden touch to the divine.

4 mins

The Man Who Brought Hyatt To India

Radhe Shyam Saraf, the man who has given India’s hospitality industry a new perspective by bringing in the distinguished service and international class of the Hyatt brand of hotels, epitomises both hospitality and entrepreneurism. Sanguine, outgoing and cheerful, we bring you the inspiring story of the octogenarian who is credited with taking Hyatt to every major city in India, starting with a single property in 1982.

7 mins

Determined To Win

Back in 1938, it was a long way from Dhulian to Kolkata, and so was it for any aspiring Marwari to be a man of letters given the apathy towards education among Marwaris in those days. Having embarked upon both these journeys at the tender age of 12, Kashi Nath Memani exhibited rare mettle that was to put him in the driver’s seat of Ernst & Young in India one day and script its huge success story, while, of course, exemplifying the perfect art of balancing a stellar career with equal passion for arts, literature and service to humanity.

9 mins

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MARWAR India Magazine Description:

Marwar is a community-based magazine with an emphasis on profiling the best and the brightest in the Marwari community. The magazine reaches the elite in India and abroad who want to read and discover the wonders of all things connected with the community. Thus, the subjects featured have to have the flavour of Marwar and Rajasthan—its culture, lifestyle and traditions. We highlight arts, crafts, music, dance and theatre as well as fashion and food that are connected to the region apart from immensely successful businessmen and businesswomen. In the past, luminaries like Laxmi Mittal, Abhishek Manu Singhvi, Indu Jain, Sanjiv Goenka and Rajashree Birla, to name a few, have graced our cover.